Hillsboro, OR Warehouse Space for Rent.
Hillsboro, Oregon, offers a thriving industrial landscape with a demand for warehouse space for rent. The city's strategic location in the Portland metropolitan area provides businesses with access to a large workforce and transportation networks, including the Portland International Airport and major highways. Hillsboro's warehouses come in various sizes and configurations, catering to businesses seeking storage, distribution, or light manufacturing operations. Industrial parks and designated development zones offer competitive lease rates and incentives, making Hillsboro an attractive destination for companies seeking warehouse space. With a skilled workforce and a network of logistics providers, Hillsboro is an ideal location for businesses looking to optimize their supply chain operations.
Benefits of Hillsboro's, Industrial Market.
Hillsboro's industrial market is one of the most desirable in the Portland metro area. The city offers a number of advantages for businesses looking to locate or expand their operations, including:
- Strategic location: Hillsboro is located in the heart of the Portland metro area, with easy access to major freeways, airports, and rail lines.
- Skilled workforce: Hillsboro is home to a highly skilled workforce, with a strong presence in the technology, manufacturing, and healthcare sectors.
- Available land: Hillsboro has a number of large industrial parks with available land for development.
- Business-friendly environment: Hillsboro is a business-friendly city, with a supportive government, low taxes, and a strong track record of economic development.
- Excellent infrastructure: Hillsboro has a well-developed infrastructure, including water, sewer, and electric utilities, as well as a number of public transportation options.
Why Hillsboro is a Great Place to Locate a Business.
Hillsboro, Oregon is an attractive location for businesses due to its:
- Central Location: Located in the heart of the Portland metropolitan area, Hillsboro offers convenient access to major transportation routes and population centers.
- Skilled Workforce: Home to Intel and numerous tech companies, Hillsboro has a highly educated and skilled workforce, providing a strong labor pool.
- Business-Friendly Environment: The city offers various incentives and support programs for businesses, creating a favorable environment for growth and investment.
- Growing Market: Hillsboro's population is steadily increasing, providing a growing consumer base and potential for business expansion.
- Abundant Warehouse Space: The city has a significant inventory of warehouse space for rent, catering to businesses requiring storage and distribution facilities.
- Proximity to Portland: Hillsboro is just a short distance from Portland, Oregon's largest city and major economic hub, offering access to a wider range of services and amenities.
- High Quality of Life: Hillsboro offers a high-quality living environment with excellent schools, parks, and recreational opportunities, attracting and retaining top talent.
Key Industries in Hillsboro.
- Technology
Home to Intel's global headquarters and numerous high-tech companies.
- Manufacturing
Major manufacturing hub for electronics, aircraft components, and medical devices.
- Aerospace
Significant presence of Boeing and other aerospace companies involved in aircraft and spacecraft production.
- Renewable Energy
Growing industry with companies focused on solar, wind, and energy efficiency technologies.
- Healthcare
Home to major medical institutions like Providence Health & Services and Legacy Health.
- Logistics
Strategic location for distribution and transportation, with easy access to major highways, railroads, and the Portland International Airport.
- Food Processing
presence of food processing and distribution companies, supporting the local agriculture industry.
- Education
Top-rated public schools and universities, including Portland Community College and Oregon State University's Hillsboro campus.
Demographics.
- Population: 99,103
- Median Age: 37
- Median Household Income: $87,652
- Education: 54.9% of residents have a bachelor's degree or higher.
Market Statistics.
- Vacancy Rate: 4.2%
- Average Asking Rents: $12.00/SF/YR
- Total Inventory: 18,117,720 sq. ft.